Lecture 3 - Collective Choice
Private and Public Goods
The Commons
Comparative Politics - POLS 3311
2024-01-31
Announcements
- Paper will be posted to Canvas for Monday. You do not need to read it. We will go through it in class as an example of "how to read" an academic article. You will need to have it with you, either electronically or printed.
- Reading dates will be posted. Bring those to class with your preferences. Elinor Ostrom 1933-2012
**“…the theory of collective action is** central subject of political science.”
“core justification for the state”
Collective vs private goods
- Optimal use - externalities in private goods
- Efficient use - incentives in collective goodsRational individual choices don’t sum to rational group outcomes for either set of problems for different reasons
Examples in collective goods:
- Prisoner's dilemma
- Arrow's impossibility theoremFree riders
Mafia, Warlords, Stationary Bandits
Mancur Olson - Stationary Bandits
Author: Tom Hanna
Website: tomhanna.me
License: This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.</>
POLS3311, Spring 2024, Instructor: Tom Hanna